Proposed Provision: Starting December 2014, add 1 percentage point to the annual COLA for beneficiaries who have lived past a specified age. The specified age is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201312.712.713.913.9
201412.812.814.014.1
201512.912.914.014.0
201612.912.913.913.9
201712.912.913.913.9
201812.912.913.914.0
201912.913.014.114.1
202013.013.014.314.3
202113.013.014.414.5
202213.013.014.714.8
202313.013.015.015.0
202413.113.115.215.3
202513.113.115.515.6
202613.113.115.715.8
202713.113.115.916.0
202813.113.116.116.2
202913.113.116.316.4
203013.113.116.516.6
203113.113.116.616.7
203213.113.216.816.8
203313.213.216.916.9
203413.213.216.917.0
203513.213.217.017.1
203613.213.217.017.1
203713.213.217.017.1
203813.213.217.017.1
203913.213.217.017.1
204013.213.217.017.1
204113.213.216.917.0
204213.213.216.917.0
204313.213.216.917.0
204413.213.216.817.0
204513.213.216.816.9
204613.213.216.816.9
204713.213.216.816.9
204813.213.216.816.9
204913.213.216.816.9
205013.213.216.816.9
205113.213.216.816.9
205213.213.216.816.9
205313.213.216.817.0
205413.213.216.917.0
205513.213.216.917.0
205613.213.217.017.1
205713.213.217.017.1
205813.213.217.017.2
205913.213.217.117.2
206013.213.217.117.3
206113.213.217.217.3
206213.213.217.217.3
206313.213.217.317.4
206413.213.217.317.4
206513.213.217.417.5
206613.213.217.417.5
206713.213.217.417.6
206813.213.217.517.6
206913.213.217.517.6
207013.213.217.617.7
207113.213.217.617.7
207213.213.217.717.8
207313.213.217.717.8
207413.213.217.717.8
207513.213.217.717.8
207613.213.217.717.8
207713.213.217.717.9
207813.213.217.717.9
207913.213.217.717.9
208013.213.217.817.9
208113.213.217.817.9
208213.213.217.817.9
208313.213.217.817.9
208413.213.217.918.0
208513.213.217.918.0
208613.213.218.018.1
208713.213.318.018.1
208813.213.318.118.2
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